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Author Question: Mortgage companies usually charge interest semi-annually. What would be the effective rate of ... (Read 15 times)

serike

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on: Nov 11, 2019
Mortgage companies usually charge interest semi-annually. What would be the effective rate of interest on a mortgage at 8.25 percent compounded semi-annually?
◦ 8.56 percent
◦ 8.46 percent
◦ 8.42 percent
◦ 8.38 percent
Personal Finance ¦ Madura, Gill ¦ 3rd Edition
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Marked as best answer by serike on Nov 11, 2019

hollysheppard095

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Reply #1 on: Nov 11, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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serike

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Reply 2 on: Nov 11, 2019
Thanks for the timely response, appreciate it

phuda

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Reply 3 on: Yesterday
Wow, this really help

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